Question: answer C PLEASE answer c Your answer is correct. Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,640 hours. (Round depreciable




Your answer is correct. Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,640 hours. (Round depreciable cost per unit to 2 decimal places, es. 0.50 and final answer to 0 decimal places, es. 2,125 .) Your answer is correct. Compute the depreciation expense under straight-line method for 2022 . Sheifield Corp. purchased a new machine on October 1, 2022, at a cost of $129,000. The company estimated that the machine will have a salvage value of $17,500. The machine is expected to be used for 10,000 working hours during its 5 -year life. (a) Compute the depreciation expense under straight-line method for 2022. Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023 . Your answer is correct: Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1.640 hours. (Round depreciable cost per unit to 2 decimal places, es, 0.50 and final answer to 0 decimal places, es 2,125 J Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023
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